ATENÇÃO: Esta página foi traduzida automaticamente pelo Google Translate. Isto pode ter consequências inesperadas no conteúdo apresentado e, portanto, não nos responsabilizamos pelo resultado dessa tradução automática.
ATTENTION: this page has been automatically translated by Google Translate. This can have unexpected consequences and, therefore, we do not take responsibility for the result of that automatic translation.
This program, entirely taught in English, aims to offer an academic specialization which fulfil the needs of the different organizations of the Art Markets. It seeks to develop students' skills of managing projects and investments, as well as of marketing, valuation and negotiation in the arts sector.
The Master represents an opportunity for interdisciplinary specialization with both theoretical and practical components which correspond to the requirements of a multi-faceted professional area. The MA in Art Markets is the fruit of a collaboration between Iscte and the School of Arts and Humanities (University of Lisbon), establishing the intersection of Management and Art History.
This program is rated in the 18th position among the Best Masters Ranking 2022 in the area of Art Market. This program is also part of the Erasmus Mundus consortium on Managing Art & Cultural Heritage in Global Markets, bringing together the expertise of five universities: Iscte, University of Lisbon, University of Glasgow, Erasmus University Rotterdam and Institut d’Etudes Supérieures des Arts in Paris.
To attend to the strong international component of this sector two trips abroad are organized for the purpose of observing events relevant to international art markets, namely art fairs and/or biannuals.*
*Travel expenses not included.
This program is designed both for individuals already working in the art markets as well as to recent graduates from different areas of study, including Art History, Fine Arts. Law, Anthropology, Sociology, Conservation and Restoration, Management and Economics.
Since its creation in 2007, this master's has contributed to the training of many professionals working in the art markets in Portugal. As directors of this program we are proud in seeing our former students working at auction houses, galleries, antiques galleries, artists' studios and museums, signifying that the value of our academic offer is recognized by this industry.
2026/2027
The study plan aims to offer both theoretical and practical training. It provides specific training in the domain of the art markets (structure, dynamics, tendencies, collecting, curating, validation and appraisal), as well as an introductory training in management (marketing, accounting, finance and financial investments, entrepreneurship). It also includes study visits and direct contact with relevant professionals of the sector as invited speakers. Students have also the opportunity to complete a curricular internship in an organization of this industry in Portugal or abroad.
| Unidades curriculares | Semester | ECTS |
|---|---|---|
| Accountability and Finance Foundation * | 1 | 6.0 |
| Art Market: Structure and Dynamics * | 1 | 6.0 |
| Financial Investments in Works of Art * | 1 | 6.0 |
| Management Foundations * | 1 | 6.0 |
| Marketing in Art Markets * | 1 | 6.0 |
| Appraisal and Evaluation of Works of Art * | 2 | 6.0 |
| Collections and Curatorship * | 2 | 6.0 |
| Cultural Entrepreneurship * | 2 | 6.0 |
| International Art Markets * | 2 | 6.0 |
Recommended optative
The study plan allows the selection of one optional course. It is recommended that students select a course related to the area in which they intend to develop their final work. Optional courses will only be held if they achieve a minimum number of enrolments.
| Unidades curriculares | Semester | ECTS |
|---|---|---|
| Dissertation in Art Markets Final Work | 1 | 60.0 |
| Internship in Art Markets Final Work | 1 | 60.0 |
| Project Work in Art Markets Final Work | 1 | 60.0 |
Recommended optative
The study plan allows the selection of one optional course. It is recommended that students select a course related to the area in which they intend to develop their final work. Optional courses will only be held if they achieve a minimum number of enrolments.
These skills are developed in the curricular courses that comprise the master's study plan.
The teaching staff of the program includes professors from various departments from ISCTE and the School of Arts of and Humanities of the University of Lisbon, namely the departments of Marketing, Operations and General Management, of Accounting, and of History.
2025/2026
The MA in Art Markets trains specialists able to perform activities related with:
| Round | Start Date | End Date | Vacancies | Application fee | Reservation fee | candidacy.reservation_fee_international |
|---|---|---|---|---|---|---|
| 1st round | Mestrado/Master | 2025-12-15 09:30 | 2026-01-14 17:00 | 35 | 70.00 € | 500.00 € | 500.00 € |
| 2nd round | Mestrado/Master | 2026-01-15 09:30 | 2026-02-25 17:00 | 70.00 € | 500.00 € | 500.00 € | |
| 3rd round | Mestrado/Master | 2026-02-26 09:30 | 2026-04-06 17:00 | 70.00 € | 500.00 € | 500.00 € | |
| 4th round | Mestrado/Master | 2026-04-07 09:30 | 2026-05-13 17:00 | 70.00 € | 500.00 € | 500.00 € | |
| 5th round | Mestrado/Master | 2026-05-14 09:30 | 2026-06-24 17:00 | 70.00 € | 500.00 € | 500.00 € | |
| 6th round | Mestrado/Master | 2026-06-25 09:30 | 2026-08-26 17:00 | 70.00 € | 500.00 € | 500.00 € |
See the admission and ranking criteria 2026/2027